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Sodexo reports solid half-year results and unveils plans to separate two business units

Sodexo’s results for first half Fiscal 2023 show consolidated revenues were at 12.1 billion euros, up +17.8% year-on-year, including a net contribution from acquisitions and disposals of -1.3% and a positive currency impact of +5.7%. Excluding these elements, organic revenue ...

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Robertson Group reports strong set of results in a challenging market

The Stirling-based construction, development, infrastructure and support services business Robertson Group, has reported a £616 million revenue in the 12 months to 30 June 2022 (2021: £588 million). Profit Before Tax (PBT) was £20.5 million, a growth of 21.3 per ...

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Wates Group achieves highest ever turnover at £1.89bn

Wates Group has reported a profit of £33.7m on its highest ever turnover of £1.89bn, up 17 per cent on last year. The family-owned development, construction and property services company secured £2.8bn of new work during 2022 with a record ...

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NHSPS’ Annual Report outlines post-pandemic consolidation underpinned by £250m in savings

NHS Property Services has published its annual report for 21/22 which shows £44.1 million in cost efficiencies for the health service were delivered during 2021/22 against a target of £31.9 million, as well as clearing outstanding shareholder loans to the ...

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Growth funding boost for Edwin James Group

The engineering services group has received a secondary investment from funds under management by private equity firm Aliter Capital LLP, which will support the company’s ambitious growth plans. Edwin James Group, helps some of the biggest brands in the UK ...

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Compass reports growth across all regions

Compass Group has provided a trading performance update for the three months ended 31 December 2022 ahead of the Company’s Annual General Meeting, which is taking place today. In the first quarter of the year, the Group’s organic revenue grew ...

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Tough talk

“Get up, get to it, do a good job.” Ten experts on how FM can build resilience in times of crisis. By Jo Sutherland, MD, Magenta Associates In January 2023, the UK enjoyed headlines such as – “The UK recession ...

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Mitie on track to meet full year expectations

In its latest trading update for the three-month period ended 31 December 2022 (Q3 FY23), Mitie says it has delivered an encouraging performance in the third quarter of the year, with revenue growing sequentially each quarter during FY23. Revenue Third ...

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Compass Group’s revenues exceed 2019 levels

Compass Group’s Full Year results for the year ended 30 September 2022 showed the food and support services provider has achieved the significant milestone of global revenues exceeding their 2019 levels, with all sectors and regions now trading above their ...

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Mitie increases full year guidance

Mitie’s performance for for the six month period ending 30 September 2022 has been strong, according to the Group’s half year results. The Group says revenue was £1,923 million as a result of new contract wins and and recent acquisitions ...

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